Every 8-K that TXO Partners, L.P. (TXO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TXO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TXO filings page.
TXO Partners, L.P. declared a $0.40 cash distribution per common unit for the quarter ended June 30, 2026, payable on August 21, 2026 to unitholders of record as of August 14, 2026. Management links the payout to a 2026 capital program with average operated well laterals approaching 14,000 feet, up from roughly 10,000 feet in 2025, which is expected to improve capital efficiency and productivity in the second half of the year.
The partnership highlights a low-decline, conventional asset base of about 520,000 net acres across the Permian, San Juan and Williston basins, including a focus on the Elm Coulee field in Montana with more than one hundred future well locations. YTD 2026 production averages about 26,000 Boe/d, supported by 2025 proved reserves of 106 MMBoe and $1 billion of proved PV-10, with an estimated 12% base decline rate. Since its IPO, TXO reports total distributions of $6.96 per unit, or more than $286 million in aggregate.
The partnership reiterates a variable distribution policy, 2026 development spending expectations of roughly $80 million, and a target leverage range of 1.0x to 2.0x Net Debt to Adjusted EBITDAX. The release also serves as a qualified tax notice stating that 100% of distributions to non-US unitholders is treated as effectively connected US trade or business income, subject to withholding at the highest applicable rate.
TXO Partners, L.P. has completed the sale of oil and gas properties owned by its 50%-owned joint venture, Cross Timbers Energy, LLC, for approximately $200 million in aggregate consideration. The largest piece was the CTOC Transaction at about $123.5 million, with CTOC owned by family members of board chairman Bob R. Simpson and unanimously approved by the Board and its Conflicts Committee.
The Cross Timbers Transactions represent substantially all Cross Timbers assets and generated net proceeds to TXO Partners of about $100 million, which were used to pay down debt on its credit facility. On a pro forma basis at March 31, 2026, long‑term debt falls from $277.1 million to $177.1 million.
Pro forma 2025 results show revenue declining from $401.0 million to $332.5 million, but net income improving from a loss of $21.6 million to profit of $28.5 million, helped by lower depreciation, impairments and interest expense. Total proved reserves decline from 129.1 to 106.4 MBoe, and the standardized measure of discounted future net cash flows decreases from $1,095.5 million to $969.9 million.
TXO Partners, L.P. declared a cash distribution of $0.36 per common unit for the quarter ended March 31, 2026. The distribution is payable on May 22, 2026 to unitholders of record as of the close of trading on May 15, 2026.
Management highlights strong first-quarter operations in the Williston Basin, with 2025 development performing above expectations and a 2026 capital plan of about $70 million, with more than 80% directed to Williston development. The partnership notes strong cost discipline, a full hedge position in 2026, and expects this cash generation to support a robust 2027 while remaining on track to close previously announced divestitures in the second quarter.
The company also posted an updated investor presentation and will file its Form 10-Q for the quarter ended March 31, 2026, making detailed financials available to investors.
TXO Partners, L.P. announced that Cross Timbers Energy, LLC, a joint venture in which it holds a 50% interest, has agreed to sell oil and gas properties for approximately $200 million in aggregate consideration to multiple private buyers. These sales, if completed, will represent substantially all of Cross Timbers’ assets, including a purchase and sale agreement with CTOC Energy, LLC for about $123.5 million. TXO expects to receive roughly $100 million in net proceeds and plans to use a portion to fund a $70 million deferred payment due July 31, 2026 for its 2025 acquisition from White Rock Energy, LLC. The transactions are expected to close in the second quarter of 2026, subject to customary closing conditions, and will leave TXO focused on the Williston Basin, San Juan Basin, and the Vacuum and Parker fields in the Permian Basin.
TXO Partners, L.P. declared a quarterly cash distribution of $0.30 per common unit for the quarter ended December 31, 2025. The distribution will be paid on March 17, 2026 to unitholders of record at the close of trading on March 10, 2026.
The company also stated it will file its Annual Report on Form 10-K for 2025, which will contain its full-year financial statements and footnotes. TXO highlighted growth in its Elm Coulee operations and ongoing focus on the Mancos, Williston and Permian basins.
For non-U.S. investors, TXO noted this notice qualifies under Treasury Regulations Section 1.1446-4(b) and that 100% of the distribution should be treated as effectively connected income and as in excess of cumulative net income, making it subject to U.S. federal withholding at the highest applicable effective tax rate, with brokers and nominees responsible for withholding.
TXO Partners, L.P. filed a current report announcing it declared its quarterly distribution for the third quarter of 2025 and released a press release detailing the declaration.
The company also posted a new investor presentation on its website under Investors > News & Events > Presentations. The press release is furnished as Exhibit 99.1 under Item 7.01, and materials furnished under Item 7.01 are not deemed filed under the Exchange Act.
TXO Partners, L.P. filed an amended current report to add detailed financial information related to a recently closed acquisition of producing oil and gas assets. The acquisition was completed on July 31, 2025 by its wholly owned subsidiary Morningstar Operating LLC, together with North Hudson Resource Partners, L.P., buying assets in the Elm Coulee field in Montana and North Dakota from White Rock Energy, LLC.
The amendment provides unaudited and audited statements of revenues and direct operating expenses for White Rock Energy for the six months ended June 30, 2025 and 2024 and for the years ended December 31, 2024 and 2023. It also includes unaudited pro forma condensed combined financial information for TXO Partners as of June 30, 2025 and for the six-month and full-year periods, showing how the acquisition would have affected the partnership’s financials.
TXO Partners, L.P. furnished a current report outlining that on October 6, 2025 it issued a press release covering its 2025 distribution outlook, strategic perspective and an operational update. The partnership is using this report to make that information broadly available to the market under Regulation FD. The press release is attached as an exhibit and incorporated by reference for investors who want the detailed discussion of future distributions and operating plans.
TXO Partners entered Amendment No. 5 to its senior secured credit facility, which increased the borrowing base from $275 million to $410 million, extended the facility maturity to August 30, 2029, and joined certain new lenders to the facility.
The Partnership completed the acquisition from White Rock Energy of producing oil and gas assets in the Elm Coulee field for $338.6 million in cash, including a $70.0 million deferred payment due July 31, 2026; the purchase is subject to customary purchase price adjustments. Financial statements for the acquired business will be filed by amendment within 71 calendar days. The Partnership also issued a press release declaring its quarterly distribution for the second quarter of 2025 and posted an investor presentation on its website.